Thu. Jun 30th, 2022

When the National Treasury handed over its budget proposals for the financial year 2022/23 to parliament’s Finance and National Planning Committee for approval, many of its members considered the document a poisoned chalice.

The document, commonly referred to as the Finance Bill, had proposed a number of goods for tax increment to enable the government collect an extra KSh51.6bn ($441m) to finance its KSh3.33trn ($28bn) budget, one of the largest in Kenya’s history.

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By Joy

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